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Airport announces CFO appointment

28 February 2005

Auckland International Airport announces CFO appointment

Auckland International Airport Limited (AIAL) announces today that it has appointed Robert Sinclair as its new chief financial officer reporting to Don Huse, chief executive officer. He will take up his new position on 4 April.

Robert, 38, joins AIAL after eight years' investment banking experience at UBS New Zealand where he was executive director, joint head of investment banking and, more recently, head of capital markets. Prior to UBS, Robert spent six years as a corporate finance and securities lawyer at Russell McVeagh in Auckland and a large US law firm in New York, Hong Kong and London.

He has a commerce degree and an honours degree in law from the University of Auckland.

Robert has worked extensively with AIAL over the last four years, advising the board and senior management team on a range of strategic, funding and capital structure issues.

He brings to the company a broad range of commercial, financial, legal and transaction skills and experience, together with a strong understanding of the AIAL business and strategy.

Announcing the appointment chief executive officer, Don Huse said "We are delighted to welcome Robert to the senior management team at AIAL. He will bring to the company significant experience relevant to AIAL. His appointment further enhances the depth and quality of the senior management team at AIAL."

Mr Sinclair said that he was very excited about the opportunity to work for one of the leading listed companies in New Zealand and the country's premier airport and international gateway. "I am looking forward to helping AIAL continue its strategy of growing its core businesses and further enhancing value for shareholders."

ENDS

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